Fintech
Facebook brings payments to WhatsApp, starting in Brazil
Facebook has brought payments to WhatsApp for the first time, starting in Brazil build on Facebook Pay, a feature that...
Digital and mobile channels to be key service delivery platforms for financial service providers
As countries prepare for imminent easing of movement restrictions and resumption of normal operations in most sectors of their economies,...
Carbon launches Carbon Express, its new WeChat-like Social Banking Service
Carbon, a Nigerian digital financial services firm which recently launched in Kenya, has today unveiled Carbon Express - A keyboard...
Flutterwave launches e-commerce platform for SMEs in Africa
Fintech startup Flutterwave has today launched an e-commerce platform Flutterwave Store that will let African merchants sell online through digital...
Kwara launches free Pronto digital banking platform for SACCOs
Kwara, a digital banking platform in Kenya has today launched “Kwara Pronto” a digital banking software for SACCOs at risk...
Digital lenders waive late repayment fees for customers
Members of the Digital Lenders Association (DLAK), which represents 17 major digital lenders in the Country, have today agreed to...
Ecobank Group Announces 2020 Edition of Fintech Challenge
Ecobank Group has announced the 2020 edition of fintech challenge which will take place in Togo where All Finalists will...
DLAK launches MoneyMarch, Kenya’s first-ever month dedicated to consumer financial health
Digital Lenders Association of Kenya (DLAK) yesterday unveiled the first-ever MoneyMarch: a month-long event dedicated to bringing providers and consumers...
WorldRemit partners MFS Africa to launch peer-to-peer mobile money transfer services in Africa
Digital money transfer service WorldRemit continues its rapid expansion in Africa, launching new international mobile money services through a partnership with MFS...
Kenya’s Turaco & Uganda’s Chipper Cash receive $60k each from Catalyst Fund for growth
Catalyst Fund, which invests in early-stage ventures working in the financial inclusion sector in emerging markets has selected Kenya's Turaco...
Why accepting mobile money in Sub-Saharan Africa is a game changer for Global Businesses
Last week, Cellulant announced its partnership with Adyen – a global payments company and Europe’s fastest growing Dutch-based fintech unicorn...
AfDB launches a $400m Africa Digital Financial Inclusion Fund to expand digital financial transactions in Africa
The African Development Bank and its partners on Wednesday launched the Africa Digital Financial Inclusion Facility (ADFI), designed to aid...
Velocity Capital, a Cellulant, Yoco & Mines investor unveils a €105M Fintech Ventures Fund for fintech startups globally
Netherlands-based Velocity Capital, an investor into Cellulant, Yoco & Mines has launched a €105M Fintech Ventures Fund to invest into...
goAfrica integrates Finserve’s Jenga Payment Gateway to power payments across Africa
goAfrica, a London-based B2B online ecommerce platform has fully integrated with Finserve's Jenga Payment Gateway to provide payment solutions for...
JUMO joins Google Launchpad Studio to accelerate adoption of AI & ML for financial inclusion
JUMO, a fintech platform connecting underserved markets with financial services has been selected for Google’s Launchpad Studio in a move...
Pesapal Sabi integrates Samsung Pay, Apple Pay, Google Pay & Fitbit Pay in new international push
Pesapal has integrated Samsung Pay, Apple Pay, FitBit Pay and Google Pay payments on its new tap-and-go, contact-less Sabi M010...
African startups invited to apply for Inclusive Fintech 50 competition
African startups have been invited to apply for the Inclusive Fintech 50 competition organized by MetLife Foundation and Visa Inc.,...
OyaPay releases new version, adds “Order Ahead” feature
OyaPay, an offline payment and checkout company, which lets users pay merchants with their smartphone by scanning a QR code,...
Cellulant Raises $47.5 Million Series C From The Rise Fund to Expand its Digital Payments Across Africa
Cellulant, a digital payments provider that reaches 40 million people across 11 African countries has sold a $47.5m stake to...
Singapore’s alternative credit scoring startup CredoLab raises US$1 million to expand into Africa
Singapore's CredoLab, a mobile-based alternative credit scoring solutions for banks, consumer finance companies, and retailers has raised US$1 million equity round from...
Connecticut Innovations Launches VentureClash, a $5 Million Global Challenge for Lagos Startups
Connecticut Innovations, a U.S. investor in early-stage technology companies has launched VentureClash, its global venture challenge in Nigeria targeting disruptive startups...
We Are Creating a Hybrid Financial Infrastructure That Is Equally Accessible and Efficient-Elizabeth Rossiello, CEO, BitPesa
Being ambitious is great. However, making that ambition a reality is one of the biggest challenges many people are currently...
Stay financially woke: A review of Cowrywise new savings app
Cowrywise is a platform (now includes an app) that allows you to save automatically, right from your bank account. They...
Pawame named semi-finalist for M.I.Ts Innovate for Refugees Competition
Off-grid solar company Pawame has been selected as a semi-finalist for the Innovate for Refugees Competition organized by the MIT...
Prudential Financial invests $1.5million in the emerging market-focused LeapFrog Talent Accelerator
Talent development is the single greatest challenge most firms in emerging markets face. To help solve these problems, LeapFrog Investments has...
Direct Pay Online Group acquires Setcom, its fourth acquisition in Southern Africa
Direct Pay Online Group (DPO) has mastered the fasted way of growth acquiring already exisiting companies with customers instead of...
Peer-to-peer lending platform Pezesha launches instant SMS loans capability for non-smartphone borrowers
Kenya's peer-to-peer lending platform Pezesha has unveiled a new feature allowing borrowers to apply for loans via SMS. The firm said...
What is the greatest challenge of the African FinTech Sector?
When I interview founders that have launched a startup in the FinTech sector, I am always eager to know what...
Big Data, the catalyst of Innovation and Success
Big Data as one of the most important digital trends is changing the business environment. Business entities no longer have...
Zazu raises £200,000 through crowdfunding platform Seedrs to launch a digital-only bank in Africa
Zazu, which began at the Ignite Accelerator as an e-commerce platform for farmers has raised over £200,000 for a 7.51% equity at a...